Double airline takeover considered

Article Abstract:

Onex Corp is looking into the possible acquisition of Canadian Airlines International Ltd and Air Canada to eventually merge the two companies into one entity. The consolidation plan will inevitably involve American Airlines, which controls 25% of Canadian Airlines. Meanwhile, Canadian Airlines and Air Canada will consider the best possible options, including Canadian's divestiture of routes to Air Canada, reduction of capacity on domestic routes, and a probable merger.

Asset sales & divestitures, Scheduled Air Transportation, Scheduled Airlines, Air Canada, Canadian Airlines International Ltd.

---

Biovail close to final deal for plant in Puerto Rico

Article Abstract:

Bioavail Corp International is about to complete negotiations for the acquisition of a major manufacturing facility in Puerto Rico. The plant's price is expected to be in the $15 million range and is intended to provide for Bioavail's production needs in the coming three to five years. Bioavail chmn Eugene Melnyk said his firm will require a production capacity of 2 billion pills in next three years.

Foreign operations, Pharmaceutical and Medicine Manufacturing, Puerto Rico, Drugs & Pharmaceuticals, Bioavail Corporation International

---

Similar abstracts:

• Abstracts: Quebec wants airline 'guarantees'. CBC radio wants to run 'sponsor identifications'
• Abstracts: Travel agents call for airline legislation. Natives back Falconbridge deal for NWT mine. How to solve infrastructure gap: get private sector to pony up
• Abstracts: The many routes Canadian Airlines could take. Stronach set to ascend throne of Austria's major soccer league. Archie McLean: a loyal corporate lieutenant departs, citing too many cooks in the McCain kitchen

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.